Servicemaster Global Holdings Inc (NYSE:SERV) – Equities research analysts at William Blair cut their Q3 2019 earnings per share estimates for shares of Servicemaster Global in a research note issued on Tuesday, November 6th. William Blair analyst T. Mulrooney now forecasts that the business services provider will post earnings per share of $0.38 for the quarter, down from their prior forecast of $0.47. William Blair currently has a “Buy” rating on the stock. William Blair also issued estimates for Servicemaster Global’s Q4 2019 earnings at $0.32 EPS and FY2019 earnings at $1.47 EPS.
Servicemaster Global (NYSE:SERV) last released its quarterly earnings results on Tuesday, November 6th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.79 by ($0.12). Servicemaster Global had a return on equity of 24.46% and a net margin of 16.61%. The firm had revenue of $873.00 million for the quarter, compared to analysts’ expectations of $865.00 million. During the same period last year, the firm earned $0.73 EPS. The business’s quarterly revenue was up 9.5% on a year-over-year basis.
Servicemaster Global stock opened at $42.52 on Friday. Servicemaster Global has a 12-month low of $30.79 and a 12-month high of $45.64. The firm has a market cap of $5.88 billion, a P/E ratio of 20.15, a PEG ratio of 2.40 and a beta of 0.81. The company has a current ratio of 1.03, a quick ratio of 0.97 and a debt-to-equity ratio of 1.99.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Marshall Wace LLP increased its position in shares of Servicemaster Global by 3.3% in the 2nd quarter. Marshall Wace LLP now owns 34,190 shares of the business services provider’s stock worth $2,033,000 after purchasing an additional 1,107 shares during the last quarter. BlueMountain Capital Management LLC boosted its holdings in shares of Servicemaster Global by 1.5% in the 2nd quarter. BlueMountain Capital Management LLC now owns 76,741 shares of the business services provider’s stock valued at $4,564,000 after buying an additional 1,115 shares during the period. Swiss National Bank boosted its holdings in shares of Servicemaster Global by 0.6% in the 3rd quarter. Swiss National Bank now owns 236,207 shares of the business services provider’s stock valued at $14,652,000 after buying an additional 1,300 shares during the period. Xact Kapitalforvaltning AB boosted its holdings in shares of Servicemaster Global by 7.9% in the 3rd quarter. Xact Kapitalforvaltning AB now owns 19,011 shares of the business services provider’s stock valued at $1,179,000 after buying an additional 1,400 shares during the period. Finally, Gabelli Funds LLC boosted its holdings in shares of Servicemaster Global by 1.4% in the 3rd quarter. Gabelli Funds LLC now owns 104,600 shares of the business services provider’s stock valued at $6,488,000 after buying an additional 1,400 shares during the period. 98.37% of the stock is owned by institutional investors.
Servicemaster Global Company Profile
ServiceMaster Global Holdings, Inc provides residential and commercial services in the United States. The company operates through three segments: Terminix, American Home Shield, and the Franchise Services Group. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.
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